Looking to diversify beyond EIPIX? The mutual funds below have historically moved differently from EIPIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for EIPIX
3 mutual funds have low correlation with EIPIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Global ex U.S. Index Fund (FSGGX) (Foreign Large Cap Equities) with a 1Y correlation of 0.11, down from 0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Global ex U.S. Index Fund | 0.11 | 0.37 | 0.49 | 75 | Foreign Large Cap Equities | EIPIX vs FSGGX | |
| U.S. Global Investors Global Resources Fund | 0.25 | 0.45 | 0.60 | 53 | Energy Equities | EIPIX vs PSPFX | |
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.29 | 0.48 | 0.57 | 74 | Dividend, Large Cap Blend Equities | EIPIX vs VDADX | |
| Victory Global Energy Transition Fund | 0.32 | 0.52 | 0.63 | 96 | Energy Equities | EIPIX vs RSNRX | |
| Victory Global Energy Transition Fund Class Y | 0.32 | 0.52 | 0.63 | 96 | Energy Equities | EIPIX vs RSNYX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EIPIX
Add EIPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EIPIX